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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry
vs
history
Cash to Debt 1.38
HAFC's Cash to Debt is ranked higher than
76% of the 1274 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. HAFC: 1.38 )
HAFC' s 10-Year Cash to Debt Range
Min: 0.17   Max: No Debt
Current: 1.38

Equity to Asset 0.13
HAFC's Equity to Asset is ranked higher than
82% of the 1589 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.10 vs. HAFC: 0.13 )
HAFC' s 10-Year Equity to Asset Range
Min: 0.05   Max: 0.13
Current: 0.13

0.05
0.13
Interest Coverage 4.59
HAFC's Interest Coverage is ranked higher than
91% of the 1350 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. HAFC: 4.59 )
HAFC' s 10-Year Interest Coverage Range
Min: 0.83   Max: 4.59
Current: 4.59

0.83
4.59
F-Score: 4
Z-Score: 0.23
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 44.20
HAFC's Operating margin (%) is ranked higher than
88% of the 1455 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 30.05 vs. HAFC: 44.20 )
HAFC' s 10-Year Operating margin (%) Range
Min: -115.05   Max: 55.96
Current: 44.2

-115.05
55.96
Net-margin (%) 28.46
HAFC's Net-margin (%) is ranked higher than
86% of the 1563 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 20.45 vs. HAFC: 28.46 )
HAFC' s 10-Year Net-margin (%) Range
Min: -91.7   Max: 71.8
Current: 28.46

-91.7
71.8
ROE (%) 9.95
HAFC's ROE (%) is ranked higher than
81% of the 1547 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.96 vs. HAFC: 9.95 )
HAFC' s 10-Year ROE (%) Range
Min: -81.66   Max: 23.89
Current: 9.95

-81.66
23.89
ROA (%) 1.31
HAFC's ROA (%) is ranked higher than
91% of the 1556 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.74 vs. HAFC: 1.31 )
HAFC' s 10-Year ROA (%) Range
Min: -3.87   Max: 3.14
Current: 1.31

-3.87
3.14
ROC (Joel Greenblatt) (%) 435.91
HAFC's ROC (Joel Greenblatt) (%) is ranked higher than
96% of the 1430 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 78.30 vs. HAFC: 435.91 )
HAFC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -822.22   Max: 526.63
Current: 435.91

-822.22
526.63
Revenue Growth (%) -26.30
HAFC's Revenue Growth (%) is ranked lower than
51% of the 1281 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. HAFC: -26.30 )
HAFC' s 10-Year Revenue Growth (%) Range
Min: -43.8   Max: 12.9
Current: -26.3

-43.8
12.9
» HAFC's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2013

HAFC Guru Trades in Q1 2013

Paul Tudor Jones 15,700 sh (New)
Jim Simons 384,959 sh (+85.03%)
» More
Q2 2013

HAFC Guru Trades in Q2 2013

Jim Simons 579,530 sh (+50.54%)
Paul Tudor Jones Sold Out
» More
Q3 2013

HAFC Guru Trades in Q3 2013

Jim Simons 642,985 sh (+10.95%)
» More
Q4 2013

HAFC Guru Trades in Q4 2013

James Barrow 1,543,745 sh (New)
Jim Simons 778,958 sh (+21.15%)
» More
» Details

Insider Trades

Latest Guru Trades with HAFC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
James Barrow 2013-12-31 New Buy0.05%$16.59 - $22.4 $ 22.6519%1543745
Premium More recent guru trades are included for Premium Members only!!
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Top Ranked Articles about Hanmi Financial Corporation

Weekly CEO Buys Highlight: HAFC, IESC
According to GuruFocus Insider Data , these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 18.00
HAFC's P/E(ttm) is ranked higher than
52% of the 1452 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.70 vs. HAFC: 18.00 )
HAFC' s 10-Year P/E(ttm) Range
Min: 3.77   Max: 34.21
Current: 18

3.77
34.21
P/B 1.79
HAFC's P/B is ranked lower than
59% of the 1477 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. HAFC: 1.79 )
HAFC' s 10-Year P/B Range
Min: 0.15   Max: 3
Current: 1.79

0.15
3
P/S 5.11
HAFC's P/S is ranked lower than
74% of the 1640 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.88 vs. HAFC: 5.11 )
HAFC' s 10-Year P/S Range
Min: 0.25   Max: 6.41
Current: 5.11

0.25
6.41
PFCF 11.98
HAFC's PFCF is ranked lower than
60% of the 940 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. HAFC: 11.98 )
HAFC' s 10-Year PFCF Range
Min: 0.26   Max: 91.68
Current: 11.98

0.26
91.68
EV-to-EBIT 13.91
HAFC's EV-to-EBIT is ranked higher than
70% of the 1410 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.82 vs. HAFC: 13.91 )
HAFC' s 10-Year EV-to-EBIT Range
Min: 2.1   Max: 23.5
Current: 13.91

2.1
23.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 0.90
HAFC's Dividend Yield is ranked lower than
86% of the 1315 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.40 vs. HAFC: 0.90 )
HAFC' s 10-Year Dividend Yield Range
Min: 0.34   Max: 4.42
Current: 0.9

0.34
4.42
Dividend Payout 0.11
HAFC's Dividend Payout is ranked higher than
93% of the 1131 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.32 vs. HAFC: 0.11 )
HAFC' s 10-Year Dividend Payout Range
Min: 0.11   Max: 0.3
Current: 0.11

0.11
0.3
Yield on cost (5-Year) 0.90
HAFC's Yield on cost (5-Year) is ranked lower than
82% of the 1328 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.62 vs. HAFC: 0.90 )
HAFC' s 10-Year Yield on cost (5-Year) Range
Min: 0.34   Max: 4.42
Current: 0.9

0.34
4.42
Share Buyback Rate -39.00
HAFC's Share Buyback Rate is ranked lower than
52% of the 1172 Companies
in the Global Banks - Regional - US industry.

( Industry Median: -2.60 vs. HAFC: -39.00 )
HAFC' s 10-Year Share Buyback Rate Range
Min: 2.8   Max: -74.4
Current: -39

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 1.83
HAFC's Price/Tangible Book is ranked lower than
51% of the 1362 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.24 vs. HAFC: 1.83 )
HAFC' s 10-Year Price/Tangible Book Range
Min: 0.37   Max: 4.93
Current: 1.83

0.37
4.93
Price/DCF (Projected) 0.63
HAFC's Price/DCF (Projected) is ranked higher than
72% of the 904 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. HAFC: 0.63 )
HAFC' s 10-Year Price/DCF (Projected) Range
Min: 0.08   Max: 1.59
Current: 0.63

0.08
1.59
Price/Median PS Value 1.43
HAFC's Price/Median PS Value is ranked lower than
64% of the 1478 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. HAFC: 1.43 )
HAFC' s 10-Year Price/Median PS Value Range
Min: 0.12   Max: 1.69
Current: 1.43

0.12
1.69
Price/Graham Number 1.21
HAFC's Price/Graham Number is ranked lower than
53% of the 1341 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.90 vs. HAFC: 1.21 )
HAFC' s 10-Year Price/Graham Number Range
Min: 0.49   Max: 2.29
Current: 1.21

0.49
2.29
Earnings Yield (Greenblatt) 7.20
HAFC's Earnings Yield (Greenblatt) is ranked higher than
73% of the 1411 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.40 vs. HAFC: 7.20 )
HAFC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 4.2   Max: 46.7
Current: 7.2

4.2
46.7
Forward Rate of Return (Yacktman) 40.26
HAFC's Forward Rate of Return (Yacktman) is ranked higher than
91% of the 1095 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 14.48 vs. HAFC: 40.26 )
HAFC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 4.2   Max: 229
Current: 40.26

4.2
229

Business Description

Industry: Banks » Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR » details
Hanmi Financial Corporation serves as the holding company for its subsidiary, Hanmi Bank. The bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community as well as other communities in the multi-ethnic populations. The bank's full-service offices are located in business areas where many of the businesses are run by immigrants and other minority groups. The bank maintains a branch network of several full-service branch offices in California, and loan production offices in several states throughout the U.S. Hanmi Financial's other subsidiaries are Chun-Ha Insurance Services, Inc. and All World Insurance Services, Inc., insurance agencies that offer a complete line of insurance products, including life, commercial, automobile, health, and property and casualty. The bank's revenues are derived mainly from interest and fees on the company's loans, interest and dividends on its securities portfolio, and service charges on deposit accounts. The bank originates loans for its own portfolio and for sale in the secondary market. Lending activities include real estate loans, commercial and industrial loans, and consumer loans. The bank offers commercial real estate loans. The bank's commercial real estate loans are mainly secured by investor-owned commercial buildings and owner-occupied commercial and industrial buildings. The bank also finances the construction of multifamily, low-income housing, commercial and industrial properties within its market area. The bank finances small and middle-market businesses in a spectrum of industries throughout California. The bank offers term loans for a variety of needs, including loans for working capital, purchases of equipment, machinery or inventory, business acquisitions, renovation of facilities, and refinancing of existing business-related debts. The bank offers a variety of international finance and trade services and products, including letters of credit, import financing and export financing.

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